3400 S LAPEER Road

About this home

What a great investment for the future with frontage on the Commercial corner of Lapeer Rd. (M-24) and Dryden Rd in Metamora. This Ideally located, 37 acre commercial opportunity is zoned for many commercial uses, including but not limited to; Medical office building, Storage facility, Assisted Living Retirement homes, Automobile dealership, Retail Space, Manufacturing, etc. There are several established businesses next to this Prime Property including; Mclaren Medical Clinic, Rite Aid, McDonalds & Marathon Gas Station, along with many other businesses along the M-24 corridor. With 600ft of road frontage on M-24 and almost 700ft of road frontage on Dryden Rd. the development possibilities are almost endless. Just a 1/2 mile from Historic Downtown Metamora.

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Metamora

Over the last 90 days, 29 homes sold in Metamora for a median of $445,000, about $180 per square foot, and the typical one went under contract in 29 days. This home is listed at $995,000, and has been on the market 571 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Metamora sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $10,957 a year. A buyer who lives here would pay about $6,467 to $11,852 a year once the taxable value resets after the sale, at the 2025 homestead rate of 23.59 mills for Metamora Twp and Lapeer schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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